The Save More Tomorrow (SMarT)program, Which Offers Employees the Option

question 45

Multiple Choice

The Save More Tomorrow (SMarT) program, which offers employees the option to commit a fraction of future pay raises to a tax-free retirement savings account, is an example of a _______ commitment device that was _______.

• A)weak; successful
• B)strong; successful
• C)weak; unsuccessful
• D)strong; unsuccessful

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Definitions:

Make to Order

A production strategy where manufacturing starts only after a customer places an order, tailoring products to specific customer requirements.

Lean Environment

A systematic method for waste minimization within a manufacturing system without sacrificing productivity, focusing on adding value and reducing non-value activities.

Raw Materials

Basic materials used in the production process, not yet transformed into final products.

Traditional Environment

A conventional business or work setting that adheres to long-established methods or practices.